Daily Finance Pulse Global - 29th Aug 2025
Global markets closed mostly higher on 28th Aug 2025 with the S&P 500 hitting a new record high. The Dow Jones Industrial Average closed at 45,465.23 points, up 147.16 points, while the Nasdaq ended at 21,590.40 points, gaining 45.87 points. The S&P 500 closed at 6,481.40 points, up 15.46 points. The stock market ahead for Global is open on 29th Aug 2025. Overall market sentiment is bullish, driven by strong earnings and positive economic data.
1/10
Rise: S&P 500 Hits New Record High, Positive Earnings and Economic Data
On 28th Aug 2025, the S&P 500 climbed 0.2% to close at an all-time high of 6,481.40 points, supported by strong earnings reports and a surprise rise in the second-quarter GDP estimate. Energy and technology sectors were the main gainers. (28th Aug 2025)
Impact: The new high indicates investor confidence and may encourage more buying, supporting continued market gains.
2/10
Gain: Dow Jones Jumps 0.3%, Finishes at 45,465.23 Points, Led by Energy and Tech
The Dow Jones Industrial Average rose by 147.16 points (0.3%) to close at 45,465.23 on 28th Aug 2025, bolstered by gains in energy and technology stocks. The CBOE Volatility Index fell 1.57%, signaling reduced market fear. (28th Aug 2025)
Impact: This upward movement reflects broad market optimism and reduced volatility risk for investors.
3/10
Rise: Nasdaq Edges Up 0.2%, Ends at 21,590.40 Points
The Nasdaq Composite increased 45.87 points (0.2%) to close at 21,590.40 on 28th Aug 2025, driven by technology sector strength amid positive earnings momentum. (28th Aug 2025)
Impact: Tech sector strength may support further gains in growth-oriented stocks in the near term.
4/10
Slip: Nvidia Shares Dip Slightly After Earnings Report
Following the release of its quarterly earnings on 28th Aug 2025, Nvidia's shares slipped marginally despite overall positive market sentiment, reflecting cautious investor reaction to specific company guidance. (28th Aug 2025)
Impact: Investors should watch Nvidia closely as its performance may influence broader tech sector trends.
5/10
Legal Battle: Fed Governor Lisa Cook Sues to Prevent Dismissal
On 28th Aug 2025, Federal Reserve Governor Lisa Cook filed a lawsuit to stop President Trump from firing her, highlighting tensions over central bank independence and executive authority. (28th Aug 2025)
Impact: This could lead to uncertainty around Fed policy and markets' perception of central bank independence.
6/10
Upgrade: U.S. Economy Shows Faster Growth in Q2, Revised GDP Estimate
The U.S. economy grew faster than initially estimated in Q2 2025, with consumer spending and AI investment driving the upward revision announced on 28th Aug 2025. (28th Aug 2025)
Impact: Stronger GDP growth supports a positive economic outlook and could influence Fed policy decisions.
7/10
Policy Shift: EU to Remove Duties on U.S. Industrial Goods, Easing Auto Tariff Impact
On 28th Aug 2025, the European Union announced plans to scrap tariffs on U.S. industrial imports and expand access for American farm products to protect European automakers from U.S. auto tariffs. (28th Aug 2025)
Impact: This move may ease trade tensions and improve transatlantic trade flows, benefiting relevant industries.
8/10
Concern: Eurozone Economic Outlook Darkens Amid U.S. Tariffs and Domestic Weakness
Economic confidence in the eurozone declined on 28th Aug 2025 due to sluggish growth and tariff pressures from the U.S., dampening hopes for a near-term recovery. (28th Aug 2025)
Impact: Investors may reduce exposure to eurozone assets amid uncertain growth prospects.
9/10
Mixed: Oil Price Outlook Clouded by Glut Despite Geopolitical Risks
A WSJ survey on 28th Aug 2025 forecasted Brent crude averaging $63.57 and WTI at $60.30 per barrel in Q4, down from previous estimates due to concerns over oversupply despite geopolitical tensions. (28th Aug 2025)
Impact: Oil price uncertainty may affect energy sector investments and related market segments.
10/10
Forex: U.S. Dollar Strengthens Amid Positive Economic Data
Following the revised GDP growth figures on 28th Aug 2025, the U.S. dollar gained strength against major currencies, reflecting improved investor confidence in the U.S. economy. (28th Aug 2025)
Impact: A stronger dollar may impact global trade dynamics and multinational earnings.